ANN ARBOR, MI—For the 10th consecutive year, Toyota has been awarded more patents from the United States Patent and Trademark Office (USPTO) than any other automaker, according to an annual report by the Intellectual Property Owners Association (IPO).
Despite a challenging year that saw a 3 percent overall decline in patents granted across all industries in the United States, Toyota ranked seventh among all companies awarded patents in 2023, receiving a total of 2,667 patents.